The African Development Bank has launched a training program to address the needs of African National Designated Authorities to access Green Climate Fund (GCF) financing for sustainable energy projects. The training will equip participants with the knowledge to develop and submit project concept notes and proposals.
Securing GCF funding requires specialized knowledge and resources, and the training will enable African countries to gain the required skills and knowledge to access these funds. In addition, the training enhances opportunities to exploit renewable energy resources, which offer potential for clean and reliable electricity generation, thereby advancing critical climate change mitigation and adaptation efforts.
Targeting Africa-based experts with direct involvement in the design and/or implementation of sustainable energy projects, the training will provide information on the Fund's project lifecycle and strategies to develop a pipeline of funding-ready sustainable energy projects. The program will cover a broad range of sustainable energy technologies addressing region- and country-specific challenges and opportunities. Participants will delve into the specific components of a GCF funding proposal. Participants will examine hands-on case studies of successful GCF proposals and concept notes to further complement the training.
The training, 28 hours in total, will be delivered online over a period of three weeks in July and August 2021. There will be two sessions, one in English and one in French, both with up to 40 participants. Exact dates and times will be communicated to selected participants. The deadline for applications is 9 July 2021, at 11:59 GMT.
The training will be carried out as part of a project entitled Building Africa's Capacity to Access Finance for Sustainable Energy Projects, with funds from the India-Africa Technical Cooperation Agreement Trust Fund. CPCS Transcom Limited, a consulting firm specializing and covering all aspects of the energy sector, will conduct the training sessions.
The African Development Bank, which hosts the African regional office of the Global Center on Adaptation, is engaged in several climate change initiatives. The Bank has committed to mobilize $25 billion for climate finance in the 2020-2025 period.
"With this training, the Bank is committed to building the capacity of regional member countries to scale up clean energy investments, thereby contributing to low-carbon development on the continent and building resilience in Africa, in line with its priority to Light up and Power Africa and the New Deal on Energy for Africa," said Al-Hamndou Dorsouma, Acting Director for Climate Change and Green Growth at the African Development Bank
Media contact: Romaric Ollo Hien, Communication and External Relations Department, African Development Bank, email: O.HIEN@AFDB.ORG
Technical contact: Ako Charlotte Eyong, Principal Climate Change and Green Growth Officer, email: A.EYONG@AFDB.ORG